KYC AML :: (Short notes 1)

KYC AML :: (Short notes 1)

1. The objective of KYC/AML/CFT guidelines is to prevent banks/FIs from being used,
intentionally or unintentionally, by criminal elements for money laundering or terrorist
financing activities.
2. The PMLA came into effect from 1st July 2005. Necessary Notifications / Rules under the
said Act were published in the Gazette of India on 1st July, 2005 by the Department of
Revenue, Ministry of Finance, Government of India. The PMLA has been further amended
vide notification dated March 6, 2009 and inter alia provides that violating the prohibitions
on manipulative and deceptive devices, insider trading and substantial acquisition of
securities or control as prescribed in Section 12 A read with Section 24 of the Securities and
Exchange Board of India Act, 1992 (SEBI Act) will now be treated as a scheduled offence
under schedule B of the PMLA.
3. KYC procedures also enable banks/FIs to know/understand their customers and their
financial dealings better and manage their risks prudently.
4. For the purpose of KYC Norms, a ‘Customer’ is defined as a person who is engaged in a
financial transaction or activity with a reporting entity and includes a person on whose
behalf the person who is engaged in the transaction or activity, is acting.
5. “Designated Director" means a person designated by the reporting entity (bank, financial
institution, etc.) to ensure overall compliance with the obligations imposed under chapter IV
of the PML Act.
6. In terms of PML Act a ‘person’ includes: (i) an individual, (ii) a Hindu undivided family, (iii) a
company, (iv) a firm, (v) an association of persons or a body of individuals, whether
incorporated or not, (vi) every artificial juridical person, not falling within any one of the
above persons (i to v), and (vii) any agency, office or branch owned or controlled by any of
the above persons (i to vi).
7. “Transaction” means a purchase, sale, loan, pledge, gift, transfer, delivery or the
arrangement thereof and includes- (i) opening of an account; (ii) deposits, withdrawal,
exchange or transfer of funds in whatever currency, whether in cash or by cheque, payment
order or other instruments or by electronic or other non-physical means; (iii) the use of a
safety deposit box or any other form of safe deposit; (iv) entering into any fiduciary
relationship; (v) any payment made or received in whole or in part of any contractual or
other legal obligation; or (vi) establishing or creating a legal person or legal arrangement.
8. Banks/FIs should frame their KYC policies incorporating the following four key elements: (i)
Customer Acceptance Policy (CAP); (ii) Customer Identification Procedures (CIP); (iii)
Monitoring of Transactions; and (iv) Risk Management.
9. Documents and other information to be collected from different categories of customers
depending on perceived risk and the requirements of PML Act, 2002 and
instructions/guidelines issued by Reserve Bank from time to time.
10. Customer Identification Procedure (CIP) : Customer identification means undertaking client
due diligence measures while commencing an account-based relationship including
identifying and verifying the customer and the beneficial owner on the basis of one of the
OVDs
11. Customer Due Diligence requirements (CDD) while opening accounts
12. introduction is not necessary for opening of accounts under PML Act and Rules or the
Reserve Bank’s extant instructions, banks/FIs should not insist on introduction for opening of
bank accounts.
13. Small Accounts If an individual customer does not possess either any of the OVDs or the
documents applicable in respect of simplified procedure (as detailed at paragraph 2.3
above), then ‘Small Accounts’ may be opened for such an individual. A ‘Small Account'
means a savings account in which the aggregate of all credits in a financial year does not
exceed rupees one lakh; the aggregate of all withdrawals and transfers in a month does
not exceed rupees ten thousand and the balance at any point of time does not exceed
rupees fifty thousand. A ‘small account’ maybe opened on the basis of a self-attested
photograph and affixation of signature or thumb print.
14. a small account shall be opened only at Core Banking Solution (CBS) linked branches or in a
branch where it is possible to manually monitor and ensure that foreign remittances are not
credited to the account and that the stipulated monthly and annual limits on aggregate of
transactions and balance requirements in such accounts are not breached, before a
transaction is allowed to take place;
15. a small account shall remain operational initially for a period of twelve months, and
thereafter for a further period of twelve months if the holder of such an account provides
evidence before the banking company of having applied for any of the officially valid
documents within twelve months of the opening of the said account, with the entire
relaxation provisions to be reviewed in respect of the said account after twenty four
months.
16. Where a customer categorised as low risk expresses inability to complete the
documentation requirements on account of any reason that the bank considers to be
genuine, and where it is essential not to interrupt the normal conduct of business, the bank
may complete the verification of identity within a period of six months from the date of
establishment of the relationship.
17. Procedure to be followed in respect of foreign students : Banks should follow the following
procedure for foreign students studying in India: 1) Banks may open a Non Resident
Ordinary (NRO) bank account of a foreign student on the basis of his/her passport (with visa
& immigration endorsement) bearing the proof of identity and address in the home country
together with a photograph and a letter offering admission from the educational institution
in India. 2) Banks should obtain a declaration about the local address within a period of 30
days of opening the account and verify the said local address. 3) During the 30 days period,
the account should be operated with a condition of allowing foreign remittances not
exceeding USD 1,000 or equivalent into the account and a cap of monthly withdrawal to Rs.
50,000/-, pending verification of address. 4) The account would be treated as a normal NRO
account, and will be operated in terms of instructions contained in the Reserve Bank of
India’s instructions on Non-Resident Ordinary Rupee (NRO) Account. Students with Pakistani
and Bangladesh nationality will need prior approval of the Reserve Bank for opening the
account.
18. Where the customer is a company, one certified copy each of the following documents are
required for customer identification: (a) Certificate of incorporation; (b) Memorandum and
Articles of Association; (c) A resolution from the Board of Directors and power of attorney
granted to its managers, officers or employees to transact on its behalf and (d) An officially
valid document in respect of managers, officers or employees holding an attorney to
transact on its behalf.

19. Where the customer is a partnership firm, one certified copy of the following documents is
required for customer identification: (a) registration certificate; (b) partnership deed and (c)
an officially valid document in respect of the person holding an attorney to transact on its
behalf.
20. Where the customer is a trust, one certified copy of the following documents is required for
customer identification: (a) registration certificate; (b) trust deed and (c) an officially valid
document in respect of the person holding a power of attorney to transact on its behalf.
21. Where the customer is an unincorporated association or a body of individuals, one certified
copy of the following documents is required for customer identification: (a) resolution of the
managing body of such association or body of individuals; (b) power of attorney granted to
transact on its behalf; (c) an officially valid document in respect of the person holding an
attorney to transact on its behalf and (d) such information as may be required by the
bank/FI to collectively establish the legal existence of such an association or body of
individuals.
22. Proprietary concerns: (1) For proprietary concerns, in addition to the OVD applicable to the
individual (proprietor), any two of the following documents in the name of the proprietary
concern are required to be submitted: (a) Registration certificate (b) Certificate/licence
issued by the municipal authorities under Shop and Establishment Act. (c) Sales and income
tax returns. (d) CST/VAT certificate. (e) Certificate/registration document issued by Sales
Tax/Service Tax/Professional Tax authorities. (f) Licence/certificate of practice issued in the
name of the proprietary concern by any professional body incorporated under a statute. (g)
Complete Income Tax Return (not just the acknowledgement) in the name of the sole
proprietor where the firm's income is reflected, duly authenticated/acknowledged by the
Income Tax authorities. (h) Utility bills such as electricity, water, and landline telephone bills.
23. When the client accounts are opened by professional intermediaries: When the bank has
knowledge or reason to believe that the client account opened by a professional
intermediary is on behalf of a single client, that client must be identified. Banks may hold
'pooled' accounts managed by professional intermediaries on behalf of entities like mutual
funds, pension funds or other types of funds. Banks, however, should not open accounts of
such professional intermediaries who are bound by any client confidentiality that prohibits
disclosure of the client details to the banks.
24. Where funds held by the intermediaries are not co-mingled at the bank and there are 'sub-
accounts', each of them attributable to a beneficial owner, all the beneficial owners must be
identified. Where such funds are co-mingled at the bank, the bank should still look into the
beneficial owners. Where the banks rely on the 'customer due diligence' (CDD) done by an
intermediary, they should satisfy themselves that the intermediary is a regulated and
supervised entity and has adequate systems in place to comply with the KYC requirements of
the customers. It should be understood that the ultimate responsibility for knowing the
customer lies with the bank.
25. Beneficial ownership :When a bank/FI identifies a customer for opening an account, it
should identify the beneficial owner(s) and take all reasonable steps in terms of Rule 9(3) of
the PML Rules to verify his identity, as per guidelines provided below:
(a) Where the client is a company, the beneficial owner is the natural person(s), who,
whether acting alone or together, or through one or more juridical person, has/have a
controlling ownership interest or who exercises control through other means.

Explanation- For the purpose of this sub-clause- 1. “Controlling ownership interest” means
ownership of/entitlement to more than 25 per cent of the shares or capital or profits of the
company. 2. “Control” shall include the right to appoint majority of the directors or to
control the management or policy decisions including by virtue of their shareholding or
management rights or shareholders agreements or voting agreements.
(b) Where the client is a partnership firm, the beneficial owner is the natural person(s),
who, whether acting alone or together, or through one or more juridical person, has/have
ownership of/entitlement to more than 15 per cent of capital or profits of the partnership.
(c) Where the client is an unincorporated association or body of individuals, the beneficial
owner is the natural person(s), who, whether acting alone or together, or through one or
more juridical person, has/have ownership of/entitlement to more than 15 per cent of the
property or capital or profits of the unincorporated association or body of individuals.
(d) Where no natural person is identified under (a), (b) or (c) above, the beneficial owner is
the relevant natural person who holds the position of senior managing official.
(e) Where the client is a trust, the identification of beneficial owner(s) shall include
identification of the author of the trust, the trustee, the beneficiaries with 15% or more
interest in the trust and any other natural person. exercising ultimate effective control over
the trust through a chain of control or ownership.
(f) Where the client or the owner of the controlling interest is a company listed on a stock
exchange, or is a subsidiary of such a company, it is not necessary to identify and verify the
identity of any shareholder or beneficial owner of such companies.
26. KYC exercise should be done at least every two years for high risk customers, every eight
years for medium risk customers and every ten years for low risk customers. Such KYC
exercise may include all measures for confirming the identity and address and other
particulars of the customer that the bank/FI may consider reasonable and necessary based
on the risk profile of the customer, taking into account whether and when client due
diligence measures were last undertaken and the adequacy of data obtained.
27. Freezing and closure of accounts :
(i) In case of non-compliance of KYC requirements by the customers despite repeated
reminders by banks/FIs, banks/FIs may impose ‘partial freezing’ on such KYC non-compliant
accounts in a phased manner.
(ii) During the course of such partial freezing, the account holders can revive their accounts
by submitting the KYC documents as per instructions in force.
(iii) While imposing ‘partial freezing’, banks/FIs have to ensure that the option of ‘partial
freezing’ is exercised after giving due notice of three months initially to the customers to
comply with KYC requirements to be followed by a reminder giving a further period of three
months.
(iv) Thereafter, banks/FIs may impose ‘partial freezing’ by allowing all credits and
disallowing all debits with the freedom to close the accounts.

(v) If the accounts are still KYC non-compliant after six months of imposing initial ‘partial
freezing’ banks/FIs should disallow all debits and credits from/to the accounts thereby,
rendering them inoperative.
(vi) Further, it would always be open to the bank/FI to close the account of such customers
after issuing due notice to the customer explaining the reasons for taking such a decision.
Such decisions, however, need to be taken at a reasonably senior level. In the circumstances
when a bank/FI believes that it would no longer be satisfied about the true identity of the
account holder, the bank/FI should file a Suspicious Transaction Report (STR) with Financial
Intelligence Unit – India (FIU-IND) under Department of Revenue, Ministry of Finance,
Government of India.
28. At-par cheque facility availed by co-operative banks : Some commercial banks have
arrangements with co-operative banks under which the latter open current accounts with
the commercial banks and use the cheque book facility to issue ‘at par’ cheques to their
constituents and walk-in- customers for effecting their remittances and payments. Since the
‘at par’ cheque facility offered by commercial banks to co-operative banks is in the nature of
correspondent banking arrangement, banks should monitor and review such arrangements
to assess the risks including credit risk and reputational risk arising there from. For this
purpose, banks should retain the right to verify the records maintained by the client
cooperative banks/ societies for compliance with the extant instructions on KYC and AML
under such arrangements.
29. In this regard, Urban Cooperative Banks (UCBs) are advised to utilize the ‘at par’ cheque
facility only for the following purposes:
(i) For their own use.
(ii) For their account holders who are KYC complaint provided that all transactions of
Rs.50,000/- or more should be strictly by debit to the customer’s account.
(iii) For walk-in customers against cash for less than Rs.50,000/- per individual. In order to
utilise the ‘at par’ cheque facility in the above manner, UCBs should maintain the following:
(i) Records pertaining to issuance of ‘at par’ cheques covering inter alia applicant’s name and
account number, beneficiary’s details and date of issuance of the ‘at par’ cheque. (ii)
Sufficient balances/drawing arrangements with the commercial bank extending such facility
for purpose of honouring such instruments. UCBs should also ensure that all ‘at par’ cheques
issued by them are crossed ‘account payee’ irrespective of the amount involved.
30. Simplified norms for Self Help Groups (SHGs) : KYC verification of all the members of SHG
need not be done while opening the savings bank account of the SHG and KYC verification of
all the office bearers would suffice. As regards KYC verification at the time of credit linking of
SHGs, no separate KYC verification of the members or office bearers is necessary

Certified credit professionals::

Certified credit professionals::

(Simple and nice read every one)

Credit management is one of the core processes for all banks and therefore, the
ability to manage its process is essential to augment interest income and to enhance
its profitability. The success of a bank crucially depends how it manages its Asset
Portfolio as it is the major source of income and has direct bearing on the bottom-
line of the Bank. This demands an ability to perceive the early warning signals, which
necessitates control of both the quantitative and qualitative aspects of credit
evaluation. Thus, managing credit risk plays an important role and its effectiveness
lies in proper identification of borrower and appraisal besides adopting an efficient
recovery and exit strategy.

Jaiib Legal Recollected: 2018 May Lc se question tha Lok adalat Ni Indemnity Gurantee Collecting banker Awards under banking ombundsman 5 questions from FEMA Limitations act lot of 2 marks Bailee bailor pledge mortgage Mortgage 3-4 question English n equitable Paid up capital Securities questions Saffaesi 2-4 questions Lok adalat 3 questions Ultra vires questions Equity mortgage questions Collecting bank 2 questions JAIIB LEGAL RECOLLECTED:: Most important Previous years questions 1. Section on which partners are defined 2. Tenure of director of banking company 3. Preservation of records 4. Maximum share in company related one question 5. Question to the condition on which depositor has to deposit-25% amount 6. Who has power to inspect bank-rbi officer, state officer,police officer, custom officer 7. Bfs-one director nominated by 8. Central government power in banking 9. Term loan given and default occurs-limitation period-3 years 10. A issued a check with amount 300 and left space in both side i.e. in words as well as figure. Some employee forged it to 3300 unknowingly and sign style was little different but it was cleared-who should be responsible 11. Question related to responsibility of collecting banker 12. A cheque is a drawn on some bank what collecting bank should do 13. Check crossing related one question 14. Liability of paying banker 15. There is one partnership firm ABC. With operation E/S upto the limit of 5000. A draws cheque to B for 4553. B transfers it to his account…then who is liable wand what is the role of bank here 16. A minor shares profit of the firm does he will be have liability with the firm if something went wrong 17. An OD facility is given the customer he but he has drawn beyond his limits and also many cheques have been returned-what a bank should do? 18. To which type of company there is restriction on transfer of share-private company 19. Main objective and other objective are mentioned in-MOA 20. Question based on types non fund based credit facility21. No of parties in indeminity-2 22. A lost FD and asking bank to reissue duplicate bank issues it- what is the role of A here?-indemnifier 23. Right of indemnity holder related one question 24. Types of bank guarantee based one question 25. Liability of a bank to honor BG 26. What does negotiating bank does? 27. Question related to with recourse and without recourse lc 28. DPG-deffered payment guarantee based question 29. One case study was given with relation to simple mortgage and equitable mortgageratio of share on default was asked 30. Types of mortgage with examples, gold loan, car lone, home loan, lic policy arrange it 31. What is fixed charge 32. Registration of charge-central registry 33. Banking ombudsman: a. Matters where complain ts can be made b. If not satisfied with BO then to whom w e should approach 34. Effects of non-registered company 35. DRT AND DRAT based question: a. who is higher authority of drat b. power to modify drt-central go vt c. case related where only it can be handled by DRT d. Property is somewhere loan is taken from another place where drt has to be approached? 36. SARFAESI ACT based question: a. Validity b. Security interest c. Security receipts d. Cancellation of re gistration of SRC e. Powers and its applicability , enfor cement of security interest 37. A guarantees OD for his son that it will be paid- which type of financing it is? 38. Bankers book evidence-prima facie related question 39. Consumer complaints 40. Who is the head of state consumer protection council-minister in charge of the consumer affair? 41. Question related to tds and TAN NUMBER 42. CONDITION of contract 43. Liability of surety 44. Bailment of goods 45. Right of unpaid seller 46. Rti applicability area 47. Supply bills related 2-3 questions a. It is related to whom b. To whom it should be financed- 2 marks 48. Hypothication 49. Pledge 50. Mortgage 51. Charge 52. Contract of sale 53. Minor account 54. Question from FEMA 55. Reverse mortgage 56. Fees of RTI 57. Term of director of bank 58. Who is regulatory authority of DRT 59. Security receipt 60. Floating charges/Fixed charge 1. Members of public and private company - Public - Min-7, Max-No Restriction. Private - Min-2, Max-200 2. No. Of directors in public and private company - Public - 3 to 15, Private - 2 to 15 3. Interest payable by RBI on CRR - 0 % 4. Pledge hypothetican 5. What is equitabe mortgage 6. NI Act 7. RTI 8. Questions based on limitation period 9. Diff b/w partenership and company 10. Questions on mortgage and cheque 11. Heads of object of memorandum of association 12. Related equitable mortgage 13. BR act 14. Partnership accounts 15. Person appeal to drt after receiving reply from sc with in period of 16. payment and settlement system regulated by 17. About mortgage types 4 questions 18. FEMA deals with transactions of 19. Bailment & pleadge 20. Equitable morgatge 21. Lc 22. Deferred payment guarantee 23. Limitation 24. In how many days TDS file to gov 25. For cancel of lease or rent how many month notice? 1. Section 131 2. Actionable claim 3. Which one is NI 4. Equitable mortgage 5. Mortgage deed is necessary foe which mortgage 6. Which LC is called anticipatory credit 7. Members and directors of pvt and public company (2questions) 8. Which is not a company classified under liability category 9. With what memo a cheque should be returned if collected by one bank and presented by other bank 10. When a partnership will dissolve 11. Demand notice period under SARFAESI-ACT 12. DRT is applicable for : SBI, nationalised, RRB, all 13. DRT 14. Bank Guarantees 15. Many questions on mortgages 16. Income tax act 17. Preference shares 18. LC 19. Bill of exchange 20. Agreement 21. Hypothecation 1. Clatons rule 2. Minimum directors-3&2 3 Around 8 qtns from mortgage. like english, equitable, act for mortgage etc. 4. 4 qtns from MOA & AOA of company 5. Doctine of constructive 6. Diff. partnership and company 7. Indemnity-loss of fdr 8. Hypothication 9. Ddiff. pledge and lien 10. Consumer complaint act-complainant 11. Credit card award-1 lakh 12. Common seal 13. Green letter of credit 14. Negotiating bank 15. Surity is -secondary 16. Deffered guaranty 17. DRAT head post 18. Chq alteration not visible to naked eyes bank not liable 19. SARFAESI Act apeal to drt in how many days 45 20. LC credit related question credit allow something like that ans green lc 21. BO related complain how many days to dispose by BO. 22. RTI how many days to required by the PIO to settle the information. 23. Not registerd partnership firm related question can sue or not. 24. Min No of director in public and private 25. Arbitrage Under which section of income tax donations come? - 80G of the Income Tax Act Min and max no of member in private companies - 2 & 200 No. of members in public limited co (Min & Max) - 7 & unlimited Banking ombudsman applicable - in whole india Indemnity which type of liability? - Contingent. Who can rectify the clerical or arithmetical errors in order passed by DRT? - Presiding officer Which income doesn't come under service tax? - Interest income Within how many days can a consumer file complaint if he is not satisfied with the service? - 30 Days Which is the negotiating bank in case of LC? - Exportrs country bank Relationship between bank n customer in case of pledge - pawnor-pawnee' Debt recovery tribunal established by - Government of India under an Act of Parliament (Act 51 of 1993) How many types of LC ? - 8 Jurisdiction of appellate tribunal - The Central Government is also empowered to decide and specify the areas within which the tribunal may exercise jurisdiction for entertaining and deciding the applications filed before it. DRT applicable - Above 10 Lakhs DRT is controlled by - Recovery of Debts Due to Banks and Financial Institutions Act (RDDBFI Act), 1993 RTI is not applicable to - J&K UCPDC 600 is in respect of - Letters of credit Pay as you earn is a...... tax - is a withholding tax on income payments to employees 20% profits should maintain with rbi - NBFC NI act application - Whole India Cersai time limit - within 30 days of creation of mortgage Bills payable on demand are - paid when the payee asks for it. Term of every member in national commission - 5 years or up to the age of seventy years, which ever is earlie A securitization company carries out the function of - Acquisition of financial asset from the originator Limitation period of for takng immovable property under sarfaesi? - 12 Years Amount of TDS should be submitted before how many days? - 7th of the next month Number of directors of private company? - 2 to 15 (Min & Max) Casual vacancies of directors can be filled by? - the Board of Directors at a meeting of the Board Collecting bank will get safety under NI act for what - Forged sign of endroser Which is not consider as NI - Share Tax dedcuted from salary has to be payed as on - Monthly basis Limitation perod for foreclosure is - 30 Years Llimitation perod for possession of immovable property is - 12 years Banking regulation act 1949 - Regulates banking Banking ombudsman 4 questions DRT appllete is headed by ........appointed by central govt. LC 3 questions case study 1 Advising banking is called...... Whether advising bank is to take part in liability of LC Macmillan book back questions 5-6 - Average 3-5 questions coming Key used to create digital signature.....Private key RTI Act .....Getting info from.....Public authorities Exemption of RTI Act Bankers book evidence 2 questions one from Macmillan book How much we have to pay to get copy from the abovesaid paper n copies... Sarfaesi 3-4 questions out of one case study.... What type of charge in case of goods under manufacturing..... Under pledge unlike mortgage....Some differences were given in the options N deposit in bank Z with branch manager C .L is the introducer of N.N got LOD from that bank.Who has lended to whom? R has shares in limited company.R dies what will happen to shares.....? In case of safe deposit vault, customer is called as.... X a customer lost the TDR and bank gave duplicate receipt receiving indemnity from X.Here who is indemnified to whom? Parties in a contract...... Bank guarantee 2 questions... What is reverse mortgage Tenure of banking ombudsman Fee require for RTI Mode of accepting complain by banking ombudsman One question on arranging orders for different type of mortgage One question on arranging orders for different type of charges Limitations period will be extended,-on credits to ac Material alteration of cheque without authentiaction of bearer Bank buy a cheque from A and give advance but cheque got returned-from whom bank will recover A presented a cheque for clearing and went abroad, cheque got returned for financial reason after I year. A returned and found no credit in his account and bank lost the cheque- responsibility of bank and customer Lmitaton period of of account Lok adalat is conducted by.... No. of max members in pvt company - 200 ........................................ Pawnor pawnee The bailment of goods as security for payment of a debt or performance of a promise is called "pledge". The bailor is in this case called the "pawnor". The bailee is called the "pawnee". ............... ......................... Min deposit to appeal to DRAT - 50000 ........................................ Min and max directors in public limited co - ........................................ Complaints can lodge to banking ombudsman through - Authorised Representative ........................................ Safe custody of articles.. Bailment ........................................ Clubs n societies r registered under - either under the Companies Act, 1956 or under the Societies Registration Act or the Co-operative Societies Act ........................................ Sale notice period ie. 30 days ........................................ Authorized officer of public sector bank min designation.. Chief manager ........................................ Jurisdiction of filing suit - at place of mortgaged property situated 1.Deffered credit 2.minimum and maximum members in private company.. 3.accalaration. 4.equity mortgage.. 5.demand biill also called as sight bill. 6.presiding officer tunere... 7.relationship in safe locker ..bank customer. 8.relatioanaship in loan on FD.. 9.pladge.. 10..origanater. 11.about drt 12.3days for book evidence.. Under how many phases is cases of sarfaesi settled under civil courts? EM is required to be done in specified town of property Payment to minor Right of member in a company Fund based non fund based Metropolitan Magistrate Endorsement in cheque Advantages of corporate form of enterprises To whom the assignment notice send in case of loan taking against insurance policy Lok adalat max compensation? Banking ombudsman Title deed not required to be deposited in whch type of mortgage? Mortgage-transfer of property act Sale of goods act partnership Huf law Safe deposit locker FEMA 3 - 4 case studies on protection to collecting banker and paying banker Appointment of banking ombudsman , regulation of tenure of banking ombudsman Minimum and maximum number of members in private company 2-3 questions from MoA and AoA Object is described in MOA /AOA Difference between partnership and company.. If a director in company wants get member of another company what needs to effect in both companies article of Asso. For how many years a banking company use non banking assets- 10, 11,12 or 15 years Mutual fund transaction which kind of account in dealing foreign transaction. RTI act not applicable which of the following Renounce sport board Cabinet ministry AD bills Floating charge Fixed change If a customer deposit an order cheque to A bank and A bank put a collection stamp on it but customer take the cheque and deposit to B bank but B bank return the cheque.What The B bank site the return reason National commission tenure What is the conversion? HUF created by Who pays money to beneficiary in LC Appeal days in DRT ............................. ........... E filing system in charge registration ........................................ Contract two to three questions ........................................ SARFAESI act applicability ...................................... .. DRT Applicability ......................... ............... Banking omb ..................... ................... According to tax lawas income definition ........................................ Major powers of RBI .............................. .......... Rti act ........... ............................. Law of limited for foreclosure of mortgage ........................................ What is called judgment of Banking ombdsuman is.Award ........................................ Indemnity security or protection against a loss or other financial burden. security against or exemption from legal responsibility for one's actions. ........................................ Deferred payment guarantees JAIIB PAPER 1 PPB RECOLLECTED QUESTIONS:: Very important ….. BCSBI is framed as per? Difference between mandate or POA Loan against shares and debentures in demat and physical form Half duplex CBS networking Stages of money laundering Cyber banking 4p of marketing Front end processor Dumb computer Lic assignment Hypothecation Lien is implied pledge 2 Q on NPA Death case of a partner in chq Match pair in bank customer relation Bank guarantee MSME Education loan Daily limit of mobile banking transaction CPU consists of Bima yojna Sarfaesi act Currency issue by rbi Problem on L C. National payment corporation of India set up by? Crop loan interest subvention rate? Upto which amount? Soiled notes incentive per packet? Safe custody relationship banker and customer? MCLR Education loan covered under Priority sector upto limit Credit gurantee for education loan upto what amount CGTSME Limit Validity of agricultural loan NRE NRO questions NPCI Multi brand Sericulture Gorpher related qustion eKYC KCC loan related qustion Which of these control LAN traffic : Central Node, Firewall, Hub, Repeater Validity of dpn in loan documents? SLR RBI has share of - central or state govt? Market stabilisation scheme related to -sebi or RBI? Does bank charge anything for activation of dormant charges? What is kite flying in banking? Minimum days for fixed deposits? Provisioning norms for sub standard assets? Which is a process of disaster recovery? prevention monitoring recovery or testing? Bank should not sanction to a loan until 5 yr? If it is in RBI defaulter list or bank declares wilfu l defaulter. CIC can display name if loan os is 25 lakh and above? If account is doubtful or loss. . Rbi prepare it's monetary policy with- finance minister,dy governor,ED,governor . KCC is for -short term crop production To buy pumpset, to meet consumption pu rposes. Rule of Clayton's applicable in Right to set-off or bank general lie n,particular lien. Decline stage where-sale is stagnat and cost is fixed. Mortgage where mortgagee promise to return if paid due amount-conditional mortgage Why people will prefer bank- acc to service or location Which doesn't include in 4c-customers choice. What improve product marketing-packaging,perishability. A and B has former or survivor ac. A dies.legal heir of a claim.who will receive. Basel 3 should have how many %risk weight age.-4.5% How much % need for pan for agril advance?10%of anbc of off balance sheet items. Directors of public company Types of company Doctrine of ultra vires Punishment in money laundering Sarfeasi act Banking ombudsmen Partnership Min and max no. Of members in private company Basel Minor account Lost DD which doc obtained? Urban co op bank regultd by Demutualisation NSE charge KYC Prime minister atal pension yojana How loan in KCC get NPA - Not paid after 2 crop session in short term. 1crop session in long term crop session. Cheque truncation Payment bank Robert lanterborns 4p & 4 cs High attrition rate MTC Basel III Clayton's rule Provisioning in prio sector Types of mutual funds Types of LC Network topology Marketing mix Purpose of marketing and pricing Provision for standard loan sanctioned under SME Right to Set off Appointment Lien and charge Jandhan Minimum qualification for agri clinics Is export credit part of priority sector Is bill of landing negotiable instrument What is the ombudsman within banks called Power of attorney questions Relational information systems How bank use social media Pos limit per day Oldest net in india Horizental merzer Government shares in rbi Priorty sector advances in micro enterprises Simplex transmission IT risk in company Land mark in electronic fund transfer Function of cibil LAN connection White Label ATM Which is not a type of topology Setoff of the customer who is having bad debt of some amt n having credit balance in his deposit account at different branch but your bank is not yet CBS operated what step need to taken RBI can stop a branch on voilation of ? Kisan credit card are issued to farmers for Payment bank and small bank About CERSAI Open market operation Basel 3 norms 1. Relationship in Safe custody ...... Ans - Customer - Bailor & Bank - Bailee 2. NRLM replaced ...... Ans - Swarnajayanti Gram Swarozgar Yojana (SGSY) . The scheme was succeeded by Deen Dayal Antyodaya Yojana on 25 September 2015. 3. Mortgage is defined in which act ...... Ans - Transfer of Property Act 1882 4. RBI Nationalised in which year ...... Ans - 1949 5. Area covered under LAN generally ...... Ans - 15 0 Meters 6. Banking services in the realm of Wealth management are best delivered through ...... Ans - Face to face transaction 7. A fraud committed by a larg e number of customers on bank would basically result in ...... Ans - Reputation risk 8. KYC procedure for open ing small account has been simplified for those person not having an officially valid document, the balance at any time should not exceeds Rs....... and Credit should not exceeding ...... Ans - 50000, 100000 9. In case of partnership one partner died then what will ha ppen in partnership? Ans - Partnership firm dissolved 10. Function of RBI 11. Alliance and con tract 12. NPA Problem on prov isioning 13. Cr bal limit and transaction lim it for no frill accounts 14. Settlement of deposit for nominee 15. Half-Nest - Ans - Married with you ng children 16. Pillar - II - Ans - Supervisory Review Process 17. Basel - III 18. Question f rom Minor Account 19. Assessment of working capita l 20. Credit Monitoring 21. Agri Financing 22. Product Cycle 23. Marketing 23. SHG 24. Cred it Card 25. Off Balance Sheet items 26. Mutual Funds 27. NCPI 28. KYC N orms 29. Garnishee O rder 30. Banker's Lien 31. Right to set o ff 32. Priority Sector A dvances 33. MSME 34. CD iss ued by? 35. 4c's, 4p's matc h the following 36. Monetary policy by? 37. Banks doing insuran ce bussiness under which act? Insurance Regulatory and Development Authority Act 38. Customer bank relation match the following? 39. SHG withdrawal must be signed by? 40. You have paid rs.40000 in business h ours for a customer. The account has balance of 200000 remaining. U received garnishee order after business hours of Rs. 250000. What would you do? 41. BG issued by you r bank. What is your bank? 42. NPCI Was introduced by? 43. Short term agriculture lon e becomes NPA for how much time? Ans - 2 crop season 44. Which is not comes under direct agriculture advance? 45. What is the first stage in new product development? 46. Mortgage is definitely need under which Act? 47. Write appropriate ans about RBI. Ans - RBI is started Apr 1. under RBI act 48. BASEL 2 consists of ? 49. What is the second st age In Kyc? 50. CC sanctioned based on Wt Proce dure. 51. If Banks not maintain min CRR requirem ent what is the penality? 52. What are the capital market instruments? 53. A bond which will issue below the face va lue? Ans - Discount bonds 54. What are the provisions for Doubtful assets 3? Ans - Secured - 40% , Unsecured - 100% 55. A & B are joins holder of FDR. If A died then what will happen to the FDR? Ans - The surviving holder may claim the rights over deposit. 56. BANKNET uses which switching? Ans - Packet switic hing 57. Simplex transmission. Ans - Transmitting data only in on e direction 58. Mr A who is resident of outside India. His grand parents are Indians . Then A called as ...... 59. Rev olving LC 60. Once mortga ge created it has to register with whom? 61. Loan against term deposit on the name of minor 62. Paying bank protection of NI act.. 63. How much loan sanction as educat ion loan of courses in India. 64. About marketing mix and 4p's total 3 questions MOST IMPORTANT JAIIB AFB Recollected:: 1. Preference share option related voting rights were given 2. Foreign exchange dollar hkd and rupees cross currency was asked in rs 3. Eosp when it is issued or employees has buy predermined rates 4. Depreciation wdv 2 questions and sum of years 1 5. Error of principle 6. Gold loan rules for sanctioning 7. Bond volatility 8. spot rate meaning 9. Value date 10. e-commerce is? 11. Computer software is developed by? 12. Cost of sales gross profit net profit 13. Reconciliation 14. Closing stock apear-trading and balance sheat 15. Contingent liability-bank garanty 16. AS 13 relates to investment 17. Medium risk-8 years 18. SHG- kyc not required of all member 19. Sinking fund formula same as - FV anuity 20. Prepaid exp-current liability 21. Depriciation 2 qtns from wdv method and one from wtd average method 22. Outstanding salary - personal act 23. Expenses and incomes - nominal act 24. Real a/c debited-what comes in 25. Statement record all ledger balance-trial balance 26. Small account credit in a year - 1 lakh 27. Govt Company - 51% share 28. Question on kyc 29. Saving ac interest calculation.... 30. Question in cash book and pass book 31. Long term Liabilities changes 32. Effect on assets 33. No question on SI, CI and EMI 34. Question from trial Balance 35. Real account, Personal account, Nominal account 36. 1 question is that Representative personal acc is 1 37. Question on wdv depreciation method 38. 2 marks question on foreign exchange rate 39. 1 question on ESOS 40. Floating rates are called ...... 41. Back office may be situated in ...... 42. Long term liabilities are payable after ...... 43. High Financial Leverage means ...... 44. Expenditure & Income reales to ...... 45. Non Voting Shares 46. Double entry system means ...... 47. Vaule date 48. Residual Value 49. YTM bond is ...... 50. Spot 51. Call & Short Money 52. Credit & Debit Voucher 53. Chq clearing 54. Net profit value 55. Gross profit 56. Debt equity ratio 57. Issued shared 58. Banking manual 59. Question on cross currency rate 2 marks 60. Gross profit & net profit 2 marks 61. YTM 2 marks 62. Debit in real account refers to..... 63. KYC verification for shg group members.... 64. CA cannot opened by.... 65. Gross profit 66. Present value 67. Cash book passbook 68. Real nominal accounts 69. Fixed n floating rate 70. Call money notice money 71. Numerical Questions on gross profit, bond value, current yield, depreciation, present value of some amount 72. Petty cash - 3question 73. Bank reconcile-2ques 74. 2 question from prepaid expenses 75. Main function of bank 76. Gross profit 77. Present annuity 78. Proprietorship firm 79. Meaning of holding company 80. Cash flow 55000, Useful Life 5 years, IRR 15%, Cost of capital 11%. Find NPV 81. What is consolidated voucher 82. Representative personal account 83. DE ratio owen fund current ratio total assets given n find the current asset 84. Sweat equity share 85. KYC - 2 questions 86. Salvage value in depreciation method 2 questions 87. Forex arithmetic 3ques's 88. Depreciation of machinery after 2 years written down value 89. kyc risks 90. STR report 91. Risk mgmt 92. BCSBI 1 question 93. Credit bal 94. Debit bal 2ques 95. Forfeiture of shares 96. Preference share 97. Dual concept 98. Accrual concept 99. Formula of depreciation 100. Sinking value 2 ques's 101. NPV VALUE OF Firm Calculation 2 Questions 102. Debt equity ratios... 103. Depreciations on fixed value...2-3ques... 104. Depreciation on straight line (residual value) ques... 105. Company having 51% share of another company... 106. Maximum limit of transaction in small (ovd )accounts in a year.... 107. Current a/c cant be opened by....options were ...pardanashin women....minor ....blind...a ccompany.. 108. Sweat equity shares... 109. GAAR full form... 110. Money market mutual funds are regulated by... 111. If a person transfer a/c frm one branch to another branch den required kyc??? 112. Companiesare classified on the basis of...options were ...location...capital...managemnt...incorporation etc... 113. Bond value..... 114. Insurance premium for 45 days??? 115. Typs of clerical errors..... 116. Periferal devices of computer...options were...keyboard windows.. 117. A Suspesious Transion report where the report ( FIU-Ind) 118. Objective PMLA 119. When a minor open self operated account 120. Deleting Drawing 2 Questions debit or credit account 121. What is bond maturity value (YTM) 122. What is coupon rate 123. Prepaid expenses or outstanding account adjustment done or not 124. Samll account time 125. Rectification of error 4-5 Questions 126. Depreciation 4-5 Questions (3 Numerical) 127. Final Account 5-6 Questions 128. Foreign exchange 3 Questions all numerical 129. YTM 3 Questions 130. Education loan - 2 Question 131. Gold loan-1 Question 132. Consolidate voucher 133. Bank General ledger 134. Ratio 3 Question 135. How to improve current ratio 136. Inventory turnover ratio Find cost of good sale if opening is80000; purchase is 120000;direct expense 5500; indirect expense 4000 ;closing is9000 Bond par value is 100, market rate is 12% and 15% is .....find bond price Ravi wants 500 at every quarter for 5 year , at the rate 10%.find initial deposite When bond price is equal to Face value. Interest paid in advance is a type of account In which depreciation rate of interest is constant Car purchase by a company is which type of expense Auditor of a bank is appointed by In cbs branch computer is connected to the server and all server are connected to main data centre server In India 1$=66.56-66.74and 1 euro=1.1456-1.1765$ then relation betwn rupee and euro Wages for installation of machine is debited wages acct is which type of error Find closing balance if cost of goods sold ,puchase,indirect expense, opening balance is given - For 1year, For 3years A company deposited 5000at the beginning of the year to puchase amachinary for 20year at the rate 10% find present value of annuity Schedule AS6 define Which are the peripheral related to computer Which of the work out sourced by bank - Ans loan recovery Which work is not done at back office Calculation of EMI Calculation of interest on loan E kyc is done at periodically to which type of customer Why Ekyc is usefull A loan is sanctioned and disbursed 100000 but after 1 year it shows outstanding of 101000. Than what is 1000 4 questions from identifying type of error Gold loan eligibility Bond face value one numerical pbm Bank reconciliation statement given passbook balance and asked cash book balance and viceversa-2numerical question and 2 case study type question in above Cost sales netprofit numerical pbm Given coupon rate,rate of interest and par value asked market price. Accounting concepts AS29 Business entity,matching concept - give situation asked to find the type of concept Benefits of CBS Bill drawn by A on B endorsed it to c....After due date the entries are bills receivable,noting charges-wat could have happened? 1. WDV Depreciation> 2problems 2. Who cannot open a Current a/c>minor, illiterate, blind or unregistered society 3. Balance sheet given. Calculate gross profit and net profit 4. Capital paid by shareholders >Paid up capital 5. Calculate PV and bond price>2 problems 6. Which is not true abou Company a/c 7. Cross currency problem 8. What is Spot 9. Due date of a bill from 29june(3months) 10. Suspicious transaction report to >FI UNIT 11. closing stock apear-trading and balance sheat 12. contingent liability-bank garanty 13. AS 13 14. medium risk-8 years 15. SHG- kyc not required of all member 16. sinking fund formula same as - FV anuity 17. Prepaid exp-current liability 18 depriciation 2 qtns from wdv method and one from wtd average method 19. outstanding salary - personal act 20. expenses and incomes - nominal act 21. real a/c debited-what comes in 22. statement record all ledger balance-trial balance 23. current yeild 24. bond value 25. mehod of accepting proposal-irr, npv,payback Limited company pvt compny account opening of huf huf Kyc computerised a ccounting simple interest que wrongly credited de bited type question 3-4 Theoretical question on IRR and NPV maximim 10 numericals 5 of 2 marks 2 marks numerical from ratio analysis Depricition digit sum method numeric al Acid test ratio=........... quick ratio person who makes Promissory not e called - debtor (buyer) gross profit, NPV numerical related to cbs according stan dards capital or revenue ex penditure earning per share theory quest ion Dept turn over ratio problem Bill receivable comes under a sset or liability Under bills of exchange, which ac Dr. Under bills of exchange, which ac Dr. Sales and cost of goods sold gross pro fit Foreign exchange and cross currency cal c cross currency u have to add premiums an d sub discount Composite voucher Composition, redee mable, share preferential shares 1. Who prepared Bank Reconciliation Statement? 2. Who will bear the expenses charge creation? 3.cost of mationary is RS 12 lacs, scrap value is 0; useful life is 10 yrs; then find out the book value for the 4th year. 4. P =10000; A= 11200; r=6℅ p.a then find out time? 5. Classification of ratios? 6. Credits = assets - ? 7. P= 10000 r= 8.5℅ pa compounded quarterly; T=4 yrs then find out A=? 8. Find out current yield on bond is RS 5000/- r = 12℅ pa and market value = 4500 9. Sweat equity shares will be given to ? Document mgnrega card on identification on a/c opening. Back office to be establised in ...... No of digits in Adhar, min no of persons in public ltd company adhar card..bond value..irr.npv..com interest..cash book and passbook od..nominal act real act ..expendture balance sheet was given and profit was asked , how deaf is calculated, ytm npv, bcsbi..kyc year..housing loan ...slm..and wdv method .interest differential..eroor clerical...net profit ratio.5 qus on trial bal... virus 1)affect hardware 2) is software 3) like virus of human 4) can not affect data - 2 Present value of bond Which r 2 types of trial balance Writing from journal to ledger is called? 2-3 qustns from foreign exchange arithmetic Calculate amount given to petty cashier using imprest method Current ratio based questions Quick ratio is another name of -------? Depreciation problems using wdv Straight line method and sum of digits method …………………………………………………………………… 1) bond theorem -2 question 2) bond sum 3) quick ratio 2sum 4) current ratio 1 sum 5) depreciation 4 sum 6) NPV 7) Pay back method 8) ARR method _1 9) Capital budgeting 1 10) Compound interest 2 sum 11) Bond ARR value 12) Concept of covertism 13) Concept of consistency 14) Full disclosure 15) Accounting method -3 16) Cost method 17) Material method 18) Matching method 19) Small savings bank account - who all can open , look 20) EMI 21) Coupon rate 22) Kyc 23) Bcbsi account 24) Trail balance error 25) Company types - how it vil be registered 26) LAN WAN - networking of 27)computreconcilation in which entry is required .... In which rectification entry not require 28) Which error affects two accounts 29) forward point - dollar to euro, euro to rupee 3 questions Direct simple question on EMI Twisted but very simple question in depreciation Ratios some questions KYC LAN and WAN Computer password Reconsiliation 3 questions from cash book pass book. In this one question is sum others are theoretical Conversion from euro to one unit of rupee Direct questions on forward point 2-3 questions currency conversion dollars Quick and current ratio - 4-5 questions Emi 5 Lakhs 12% - monthly EMI for 2 years Deprecation 3-4 questions numerical The value get double at 9.75% in how many years Single sided corr - 2-3 questions RTGS related Computer security related Advantage of computerisation Balance sheet Prepaid expenses is what ... Personal account One more on real account based Loan processing - 2 questions

Jaiib Legal Recollected: 2018 May

Lc se question tha

Lok adalat

Ni

Indemnity

Gurantee

Collecting banker

Awards under banking ombundsman

5 questions from FEMA

Limitations act lot of 2 marks

Bailee bailor pledge mortgage

Mortgage 3-4 question English n equitable

Paid up capital
Securities questions
Saffaesi 2-4 questions
Lok adalat 3 questions
Ultra vires questions

Equity mortgage questions

Collecting bank 2 questions

JAIIB LEGAL RECOLLECTED:: Most important Previous years questions

1. Section on which partners are defined
2. Tenure of director of banking company
3. Preservation of records
4. Maximum share in company related one question
5. Question to the condition on which depositor has to deposit-25% amount
6. Who has power to inspect bank-rbi officer, state officer,police officer, custom officer
7. Bfs-one director nominated by
8. Central government power in banking
9. Term loan given and default occurs-limitation period-3 years
10. A issued a check with amount 300 and left space in both side i.e. in words as well as
figure. Some employee forged it to 3300 unknowingly and sign style was little different
but it was cleared-who should be responsible
11. Question related to responsibility of collecting banker
12. A cheque is a drawn on some bank what collecting bank should do
13. Check crossing related one question
14. Liability of paying banker
15. There is one partnership firm ABC. With operation E/S upto the limit of 5000. A
draws cheque to B for 4553. B transfers it to his account…then who is liable wand what
is the role of bank here
16. A minor shares profit of the firm does he will be have liability with the firm if
something went wrong
17. An OD facility is given the customer he but he has drawn beyond his limits and also
many cheques have been returned-what a bank should do?
18. To which type of company there is restriction on transfer of share-private company
19. Main objective and other objective are mentioned in-MOA
20. Question based on types non fund based credit facility21. No of parties in indeminity-2
22. A lost FD and asking bank to reissue duplicate bank issues it- what is the role of A
here?-indemnifier
23. Right of indemnity holder related one question
24. Types of bank guarantee based one question
25. Liability of a bank to honor BG
26. What does negotiating bank does?
27. Question related to with recourse and without recourse lc
28. DPG-deffered payment guarantee based question
29. One case study was given with relation to simple mortgage and equitable mortgageratio
of share on default was asked
30. Types of mortgage with examples, gold loan, car lone, home loan, lic policy arrange
it
31. What is fixed charge
32. Registration of charge-central registry
33. Banking ombudsman:
a. Matters where complain ts can be made
b. If not satisfied with BO then to whom w e should approach
34. Effects of non-registered company
35. DRT AND DRAT based question:
a. who is higher authority of drat
b. power to modify drt-central go vt
c. case related where only it can be handled by DRT
d. Property is somewhere loan is taken from another place where drt has to be
approached?
36. SARFAESI ACT based question:
a. Validity
b. Security interest
c. Security receipts
d. Cancellation of re gistration of SRC
e. Powers and its applicability , enfor cement of security interest
37. A guarantees OD for his son that it will be paid- which type of financing it is?
38. Bankers book evidence-prima facie related question
39. Consumer complaints
40. Who is the head of state consumer protection council-minister in charge of the
consumer affair?
41. Question related to tds and TAN NUMBER
42. CONDITION of contract
43. Liability of surety
44. Bailment of goods
45. Right of unpaid seller
46. Rti applicability area
47. Supply bills related 2-3 questions
a. It is related to whom
b. To whom it should be financed- 2 marks
48. Hypothication
49. Pledge
50. Mortgage
51. Charge
52. Contract of sale
53. Minor account
54. Question from FEMA
55. Reverse mortgage
56. Fees of RTI
57. Term of director of bank
58. Who is regulatory authority of DRT
59. Security receipt
60. Floating charges/Fixed charge

1. Members of public and private company - Public - Min-7, Max-No Restriction. Private -
Min-2, Max-200
2. No. Of directors in public and private company - Public - 3 to 15, Private - 2 to 15
3. Interest payable by RBI on CRR - 0 %
4. Pledge hypothetican
5. What is equitabe mortgage
6. NI Act
7. RTI
8. Questions based on limitation period
9. Diff b/w partenership and company
10. Questions on mortgage and cheque
11. Heads of object of memorandum of association
12. Related equitable mortgage
13. BR act
14. Partnership accounts
15. Person appeal to drt after receiving reply from sc with in period of
16. payment and settlement system regulated by
17. About mortgage types 4 questions
18. FEMA deals with transactions of
19. Bailment & pleadge
20. Equitable morgatge
21. Lc
22. Deferred payment guarantee
23. Limitation
24. In how many days TDS file to gov
25. For cancel of lease or rent how many month notice?

1. Section 131
2. Actionable claim
3. Which one is NI
4. Equitable mortgage
5. Mortgage deed is necessary foe which mortgage
6. Which LC is called anticipatory credit
7. Members and directors of pvt and public company (2questions)
8. Which is not a company classified under liability category
9. With what memo a cheque should be returned if collected by one bank and presented
by other bank
10. When a partnership will dissolve
11. Demand notice period under SARFAESI-ACT
12. DRT is applicable for : SBI, nationalised, RRB, all
13. DRT
14. Bank Guarantees
15. Many questions on mortgages
16. Income tax act
17. Preference shares
18. LC
19. Bill of exchange
20. Agreement
21. Hypothecation
1. Clatons rule
2. Minimum directors-3&2
3 Around 8 qtns from mortgage. like english, equitable, act for mortgage etc.
4. 4 qtns from MOA & AOA of company
5. Doctine of constructive
6. Diff. partnership and company
7. Indemnity-loss of fdr
8. Hypothication
9. Ddiff. pledge and lien
10. Consumer complaint act-complainant
11. Credit card award-1 lakh
12. Common seal
13. Green letter of credit
14. Negotiating bank
15. Surity is -secondary
16. Deffered guaranty
17. DRAT head post
18. Chq alteration not visible to naked eyes bank not liable
19. SARFAESI Act apeal to drt in how many days 45
20. LC credit related question credit allow something like that ans green lc
21. BO related complain how many days to dispose by BO.
22. RTI how many days to required by the PIO to settle the information.
23. Not registerd partnership firm related question can sue or not.
24. Min No of director in public and private
25. Arbitrage

Under which section of income tax donations come? - 80G of the Income Tax Act
Min and max no of member in private companies - 2 & 200
No. of members in public limited co (Min & Max) - 7 & unlimited
Banking ombudsman applicable - in whole india
Indemnity which type of liability? - Contingent.
Who can rectify the clerical or arithmetical errors in order passed by DRT? - Presiding
officer
Which income doesn't come under service tax? - Interest income
Within how many days can a consumer file complaint if he is not satisfied with the
service? - 30 Days
Which is the negotiating bank in case of LC? - Exportrs country bank
Relationship between bank n customer in case of pledge - pawnor-pawnee'
Debt recovery tribunal established by - Government of India under an Act of Parliament
(Act 51 of 1993)
How many types of LC ? - 8
Jurisdiction of appellate tribunal - The Central Government is also empowered to decide
and specify the areas within which the tribunal may exercise jurisdiction for entertaining
and deciding the applications filed before it.
DRT applicable - Above 10 Lakhs
DRT is controlled by - Recovery of Debts Due to Banks and Financial Institutions Act
(RDDBFI Act), 1993
RTI is not applicable to - J&K
UCPDC 600 is in respect of - Letters of credit
Pay as you earn is a...... tax - is a withholding tax on income payments to employees
20% profits should maintain with rbi - NBFC
NI act application - Whole India
Cersai time limit - within 30 days of creation of mortgage
Bills payable on demand are - paid when the payee asks for it.
Term of every member in national commission - 5 years or up to the age of seventy
years, which ever is earlie

A securitization company carries out the function of - Acquisition of financial asset from
the originator
Limitation period of for takng immovable property under sarfaesi? - 12 Years
Amount of TDS should be submitted before how many days? - 7th of the next month
Number of directors of private company? - 2 to 15 (Min & Max)
Casual vacancies of directors can be filled by? - the Board of Directors at a meeting of
the Board
Collecting bank will get safety under NI act for what - Forged sign of endroser
Which is not consider as NI - Share
Tax dedcuted from salary has to be payed as on - Monthly basis
Limitation perod for foreclosure is - 30 Years
Llimitation perod for possession of immovable property is - 12 years
Banking regulation act 1949 - Regulates banking

Banking ombudsman 4 questions
DRT appllete is headed by ........appointed by central govt.
LC 3 questions case study 1
Advising banking is called......
Whether advising bank is to take part in liability of LC
Macmillan book back questions 5-6 - Average 3-5 questions coming
Key used to create digital signature.....Private key
RTI Act .....Getting info from.....Public authorities
Exemption of RTI Act
Bankers book evidence 2 questions one from Macmillan book
How much we have to pay to get copy from the abovesaid paper n copies...
Sarfaesi 3-4 questions out of one case study....
What type of charge in case of goods under manufacturing.....
Under pledge unlike mortgage....Some differences were given in the options
N deposit in bank Z with branch manager C .L is the introducer of N.N got LOD from
that bank.Who has lended to whom?
R has shares in limited company.R dies what will happen to shares.....?
In case of safe deposit vault, customer is called as....
X a customer lost the TDR and bank gave duplicate receipt receiving indemnity from
X.Here who is indemnified to whom?
Parties in a contract......
Bank guarantee 2 questions...

What is reverse mortgage
Tenure of banking ombudsman
Fee require for RTI
Mode of accepting complain by banking ombudsman
One question on arranging orders for different type of mortgage
One question on arranging orders for different type of charges
Limitations period will be extended,-on credits to ac
Material alteration of cheque without authentiaction of bearer
Bank buy a cheque from A and give advance but cheque got returned-from whom bank
will recover
A presented a cheque for clearing and went abroad, cheque got returned for financial
reason after I year. A returned and found no credit in his account and bank lost the
cheque- responsibility of bank and customer
Lmitaton period of of account
Lok adalat is conducted by....

No. of max members in pvt company - 200
........................................
Pawnor pawnee
The bailment of goods as security for payment of a debt or performance of a promise is
called "pledge". The bailor is in this case called the "pawnor". The bailee is called the
"pawnee".
............... .........................
Min deposit to appeal to DRAT - 50000
........................................
Min and max directors in public limited co -
........................................
Complaints can lodge to banking ombudsman through - Authorised Representative
........................................
Safe custody of articles.. Bailment
........................................
Clubs n societies r registered under - either under the Companies Act, 1956 or under the
Societies Registration Act or the Co-operative Societies Act
........................................
Sale notice period ie. 30 days
........................................
Authorized officer of public sector bank min designation.. Chief manager
........................................
Jurisdiction of filing suit - at place of mortgaged property situated
1.Deffered credit
2.minimum and maximum members in private company..
3.accalaration.
4.equity mortgage..
5.demand biill also called as sight bill.
6.presiding officer tunere...
7.relationship in safe locker ..bank customer.
8.relatioanaship in loan on FD..
9.pladge..
10..origanater.
11.about drt
12.3days for book evidence..
Under how many phases is cases of sarfaesi settled under civil courts?
EM is required to be done in specified town of property
Payment to minor
Right of member in a company
Fund based non fund based
Metropolitan Magistrate
Endorsement in cheque
Advantages of corporate form of enterprises
To whom the assignment notice send in case of loan taking against insurance policy
Lok adalat max compensation?
Banking ombudsman
Title deed not required to be deposited in whch type of mortgage?
Mortgage-transfer of property act
Sale of goods act

partnership
Huf law
Safe deposit locker
FEMA
3 - 4 case studies on protection to collecting banker and paying banker
Appointment of banking ombudsman , regulation of tenure of banking ombudsman
Minimum and maximum number of members in private company
2-3 questions from MoA and AoA
Object is described in MOA /AOA
Difference between partnership and company..
If a director in company wants get member of another company what needs to effect in
both companies article of Asso.
For how many years a banking company use non banking assets- 10, 11,12 or 15 years
Mutual fund transaction which kind of account in dealing foreign transaction.
RTI act not applicable which of the following
Renounce sport board
Cabinet ministry
AD bills
Floating charge
Fixed change
If a customer deposit an order cheque to A bank and A bank put a collection stamp on it
but customer take the cheque and deposit to B bank but B bank return the cheque.What
The B bank site the return reason
National commission tenure
What is the conversion?
HUF created by
Who pays money to beneficiary in LC
Appeal days in DRT
............................. ...........

E filing system in charge registration
........................................
Contract two to three questions
........................................
SARFAESI act applicability
...................................... ..
DRT Applicability
......................... ...............
Banking omb
..................... ...................
According to tax lawas income definition
........................................
Major powers of RBI
.............................. ..........
Rti act
........... .............................
Law of limited for foreclosure of mortgage
........................................
What is called judgment of Banking ombdsuman is.Award
........................................
Indemnity
security or protection against a loss or other financial burden.
security against or exemption from legal responsibility for one's actions.
........................................
Deferred payment guarantees

JAIIB PAPER 1 PPB RECOLLECTED QUESTIONS:: Very important …..

BCSBI is framed as per?
Difference between mandate or POA
Loan against shares and debentures in demat and physical form
Half duplex
CBS networking
Stages of money laundering
Cyber banking
4p of marketing
Front end processor
Dumb computer
Lic assignment
Hypothecation
Lien is implied pledge
2 Q on NPA
Death case of a partner in chq
Match pair in bank customer relation
Bank guarantee
MSME
Education loan
Daily limit of mobile banking transaction
CPU consists of
Bima yojna
Sarfaesi act
Currency issue by rbi
Problem on L C.
National payment corporation of India set up by?
Crop loan interest subvention rate? Upto which amount?
Soiled notes incentive per packet?
Safe custody relationship banker and customer?
MCLR
Education loan covered under Priority sector upto limit
Credit gurantee for education loan upto what amount
CGTSME Limit
Validity of agricultural loan
NRE NRO questions
NPCI
Multi brand
Sericulture
Gorpher related qustion
eKYC
KCC loan related qustion
Which of these control LAN traffic : Central Node, Firewall, Hub, Repeater
Validity of dpn in loan documents?
SLR
RBI has share of - central or state govt?
Market stabilisation scheme related to -sebi or RBI?
Does bank charge anything for activation of dormant charges?
What is kite flying in banking?
Minimum days for fixed deposits?
Provisioning norms for sub standard assets?
Which is a process of disaster recovery? prevention monitoring recovery or testing?
Bank should not sanction to a loan until 5 yr?
If it is in RBI defaulter list or bank declares wilfu l defaulter.
CIC can display name if loan os is 25 lakh and above? If account is doubtful or loss.
. Rbi prepare it's monetary policy with- finance minister,dy governor,ED,governor
. KCC is for -short term crop production
To buy pumpset, to meet consumption pu rposes.
Rule of Clayton's applicable in
Right to set-off or bank general lie n,particular lien.
Decline stage where-sale is stagnat and cost is fixed.
Mortgage where mortgagee promise to return if paid due amount-conditional
mortgage
Why people will prefer bank- acc to service or location
Which doesn't include in 4c-customers choice.
What improve product marketing-packaging,perishability.
A and B has former or survivor ac. A dies.legal heir of a claim.who will receive.
Basel 3 should have how many %risk weight age.-4.5%
How much % need for pan for agril advance?10%of anbc of off balance sheet items.

Directors of public company
Types of company
Doctrine of ultra vires
Punishment in money laundering
Sarfeasi act
Banking ombudsmen
Partnership
Min and max no. Of members in private company
Basel
Minor account
Lost DD which doc obtained?
Urban co op bank regultd by
Demutualisation
NSE charge
KYC
Prime minister atal pension yojana
How loan in KCC get NPA - Not paid after 2 crop session in short term. 1crop session in
long term crop session.
Cheque truncation
Payment bank
Robert lanterborns 4p & 4 cs
High attrition rate
MTC Basel III
Clayton's rule
Provisioning in prio sector
Types of mutual funds
Types of LC
Network topology
Marketing mix
Purpose of marketing and pricing
Provision for standard loan sanctioned under SME
Right to Set off
Appointment
Lien and charge
Jandhan
Minimum qualification for agri clinics
Is export credit part of priority sector
Is bill of landing negotiable instrument
What is the ombudsman within banks called
Power of attorney questions
Relational information systems
How bank use social media
Pos limit per day
Oldest net in india
Horizental merzer
Government shares in rbi
Priorty sector advances in micro enterprises
Simplex transmission
IT risk in company
Land mark in electronic fund transfer
Function of cibil
LAN connection
White Label ATM
Which is not a type of topology
Setoff of the customer who is having bad debt of some amt n having credit balance in
his deposit account at different branch
but your bank is not yet CBS operated what step need to taken
RBI can stop a branch on voilation of ?
Kisan credit card are issued to farmers for
Payment bank and small bank
About CERSAI
Open market operation
Basel 3 norms
1. Relationship in Safe custody ...... Ans - Customer - Bailor & Bank - Bailee
2. NRLM replaced ...... Ans - Swarnajayanti Gram Swarozgar Yojana (SGSY) . The
scheme was succeeded by Deen Dayal Antyodaya Yojana on 25 September 2015.
3. Mortgage is defined in which act ...... Ans - Transfer of Property Act 1882
4. RBI Nationalised in which year ...... Ans - 1949
5. Area covered under LAN generally ...... Ans - 15 0 Meters
6. Banking services in the realm of Wealth management are best delivered through ......
Ans - Face to face transaction
7. A fraud committed by a larg e number of customers on bank would basically result in
...... Ans - Reputation risk
8. KYC procedure for open ing small account has been simplified for those person not
having an officially valid document, the balance at any time should not exceeds Rs.......
and Credit should not exceeding ...... Ans - 50000, 100000
9. In case of partnership one partner died then what will ha ppen in partnership? Ans -
Partnership firm dissolved
10. Function of RBI
11. Alliance and con tract
12. NPA Problem on prov isioning
13. Cr bal limit and transaction lim it for no frill accounts
14. Settlement of deposit for nominee
15. Half-Nest - Ans - Married with you ng children
16. Pillar - II - Ans - Supervisory Review Process
17. Basel - III
18. Question f rom Minor Account
19. Assessment of working capita l
20. Credit Monitoring
21. Agri Financing
22. Product Cycle
23. Marketing
23. SHG
24. Cred it Card
25. Off Balance Sheet items
26. Mutual Funds
27. NCPI
28. KYC N orms
29. Garnishee O rder
30. Banker's Lien
31. Right to set o ff
32. Priority Sector A dvances
33. MSME
34. CD iss ued by?
35. 4c's, 4p's matc h the following
36. Monetary policy by?
37. Banks doing insuran ce bussiness under which act? Insurance Regulatory and
Development Authority Act
38. Customer bank relation match the following?
39. SHG withdrawal must be signed by?
40. You have paid rs.40000 in business h ours for a customer. The account has balance
of 200000 remaining. U received garnishee order after business hours of Rs. 250000.
What would you do?
41. BG issued by you r bank. What is your bank?
42. NPCI Was introduced by?
43. Short term agriculture lon e becomes NPA for how much time? Ans - 2 crop season
44. Which is not comes under direct agriculture advance?
45. What is the first stage in new product development?
46. Mortgage is definitely need under which Act?
47. Write appropriate ans about RBI. Ans - RBI is started Apr 1. under RBI act
48. BASEL 2 consists of ?
49. What is the second st age In Kyc?
50. CC sanctioned based on Wt Proce dure.
51. If Banks not maintain min CRR requirem ent what is the penality?
52. What are the capital market instruments?
53. A bond which will issue below the face va lue? Ans - Discount bonds
54. What are the provisions for Doubtful assets 3? Ans - Secured - 40% , Unsecured -
100%
55. A & B are joins holder of FDR. If A died then what will happen to the FDR? Ans -
The surviving holder may claim the rights over deposit.
56. BANKNET uses which switching? Ans - Packet switic hing
57. Simplex transmission. Ans - Transmitting data only in on e direction
58. Mr A who is resident of outside India. His grand parents are Indians . Then A called
as ......
59. Rev olving LC
60. Once mortga ge created it has to register with whom?
61. Loan against term deposit on the name of minor
62. Paying bank protection of NI act..
63. How much loan sanction as educat ion loan of courses in India.
64. About marketing mix and 4p's total 3 questions


MOST IMPORTANT JAIIB AFB Recollected::

1. Preference share option related voting rights were given
2. Foreign exchange dollar hkd and rupees cross currency was asked in rs
3. Eosp when it is issued or employees has buy predermined rates
4. Depreciation wdv 2 questions and sum of years 1
5. Error of principle
6. Gold loan rules for sanctioning
7. Bond volatility
8. spot rate meaning
9. Value date
10. e-commerce is?
11. Computer software is developed by?
12. Cost of sales gross profit net profit
13. Reconciliation
14. Closing stock apear-trading and balance sheat
15. Contingent liability-bank garanty
16. AS 13 relates to investment
17. Medium risk-8 years
18. SHG- kyc not required of all member
19. Sinking fund formula same as - FV anuity
20. Prepaid exp-current liability
21. Depriciation 2 qtns from wdv method and one from wtd average method
22. Outstanding salary - personal act
23. Expenses and incomes - nominal act
24. Real a/c debited-what comes in
25. Statement record all ledger balance-trial balance
26. Small account credit in a year - 1 lakh
27. Govt Company - 51% share
28. Question on kyc
29. Saving ac interest calculation....
30. Question in cash book and pass book 
31. Long term Liabilities changes
32. Effect on assets
33. No question on SI, CI and EMI
34. Question from trial Balance
35. Real account, Personal account, Nominal account
36. 1 question is that Representative personal acc is 1
37. Question on wdv depreciation method
38. 2 marks question on foreign exchange rate
39. 1 question on ESOS
40. Floating rates are called ......
41. Back office may be situated in ......
42. Long term liabilities are payable after ......
43. High Financial Leverage means ......
44. Expenditure & Income reales to ......
45. Non Voting Shares
46. Double entry system means ......
47. Vaule date
48. Residual Value
49. YTM bond is ......
50. Spot
51. Call & Short Money
52. Credit & Debit Voucher
53. Chq clearing
54. Net profit value
55. Gross profit
56. Debt equity ratio
57. Issued shared
58. Banking manual
59. Question on cross currency rate 2 marks
60. Gross profit & net profit 2 marks
61. YTM 2 marks
62. Debit in real account refers to.....
63. KYC verification for shg group members....
64. CA cannot opened by....
65. Gross profit
66. Present value
67. Cash book passbook
68. Real nominal accounts
69. Fixed n floating rate
70. Call money notice money
71. Numerical Questions on gross profit, bond value, current yield, depreciation, present
value of some amount
72. Petty cash - 3question
73. Bank reconcile-2ques
74. 2 question from prepaid expenses
75. Main function of bank
76. Gross profit
77. Present annuity
78. Proprietorship firm
79. Meaning of holding company
80. Cash flow 55000, Useful Life 5 years, IRR 15%, Cost of capital 11%. Find NPV
81. What is consolidated voucher
82. Representative personal account
83. DE ratio owen fund current ratio total assets given n find the current asset
84. Sweat equity share
85. KYC - 2 questions
86. Salvage value in depreciation method 2 questions
87. Forex arithmetic 3ques's
88. Depreciation of machinery after 2 years written down value
89. kyc risks
90. STR report
91. Risk mgmt
92. BCSBI 1 question
93. Credit bal
94. Debit bal 2ques
95. Forfeiture of shares
96. Preference share

97. Dual concept
98. Accrual concept
99. Formula of depreciation
100. Sinking value 2 ques's
101. NPV VALUE OF Firm Calculation 2 Questions
102. Debt equity ratios...
103. Depreciations on fixed value...2-3ques...
104. Depreciation on straight line (residual value) ques...
105. Company having 51% share of another company...
106. Maximum limit of transaction in small (ovd )accounts in a year....
107. Current a/c cant be opened by....options were ...pardanashin women....minor
....blind...a ccompany..
108. Sweat equity shares...
109. GAAR full form...
110. Money market mutual funds are regulated by...
111. If a person transfer a/c frm one branch to another branch den required kyc???
112. Companiesare classified on the basis of...options were
...location...capital...managemnt...incorporation etc...
113. Bond value.....
114. Insurance premium for 45 days???
115. Typs of clerical errors.....
116. Periferal devices of computer...options were...keyboard windows..
117. A Suspesious Transion report where the report ( FIU-Ind)
118. Objective PMLA
119. When a minor open self operated account
120. Deleting Drawing 2 Questions debit or credit account
121. What is bond maturity value (YTM)
122. What is coupon rate
123. Prepaid expenses or outstanding account adjustment done or not
124. Samll account time
125. Rectification of error 4-5 Questions
126. Depreciation 4-5 Questions (3 Numerical)
127. Final Account 5-6 Questions
128. Foreign exchange 3 Questions all numerical
129. YTM 3 Questions
130. Education loan - 2 Question
131. Gold loan-1 Question
132. Consolidate voucher
133. Bank General ledger
134. Ratio 3 Question
135. How to improve current ratio
136. Inventory turnover ratio

Find cost of good sale if opening is80000; purchase is 120000;direct expense 5500;

indirect expense 4000 ;closing is9000

Bond par value is 100, market rate is 12% and 15% is .....find bond price

Ravi wants 500 at every quarter for 5 year , at the rate 10%.find initial deposite

When bond price is equal to Face value.

Interest paid in advance is a type of account

In which depreciation rate of interest is constant

Car purchase by a company is which type of expense

Auditor of a bank is appointed by

In cbs branch computer is connected to the server and all server are connected to main

data centre server

In India 1$=66.56-66.74and 1 euro=1.1456-1.1765$ then relation betwn rupee and

euro

Wages for installation of machine is debited wages acct is which type of error

Find closing balance if cost of goods sold ,puchase,indirect expense, opening balance is

given - For 1year, For 3years

A company deposited 5000at the beginning of the year to puchase amachinary for

20year at the rate 10% find present value of annuity

Schedule AS6 define

Which are the peripheral related to computer

Which of the work out sourced by bank - Ans loan recovery

Which work is not done at back office

Calculation of EMI

Calculation of interest on loan

E kyc is done at periodically to which type of customer

Why Ekyc is usefull

A loan is sanctioned and disbursed 100000 but after 1 year it shows outstanding of

101000. Than what is 1000

4 questions from identifying type of error

Gold loan eligibility

Bond face value one numerical pbm

Bank reconciliation statement given passbook balance and asked cash book balance and

viceversa-2numerical question and 2 case study type question in above

Cost sales netprofit numerical pbm

Given coupon rate,rate of interest and par value asked market price.

Accounting concepts AS29

Business entity,matching concept - give situation asked to find the type of concept

Benefits of CBS

Bill drawn by A on B endorsed it to c....After due date the entries are bills

receivable,noting charges-wat could have happened?

1. WDV Depreciation> 2problems

2. Who cannot open a Current a/c>minor, illiterate, blind or unregistered society

3. Balance sheet given. Calculate gross profit and net profit

4. Capital paid by shareholders >Paid up capital

5. Calculate PV and bond price>2 problems

6. Which is not true abou Company a/c

7. Cross currency problem

8. What is Spot

9. Due date of a bill from 29june(3months)

10. Suspicious transaction report to >FI UNIT

11. closing stock apear-trading and balance sheat

12. contingent liability-bank garanty

13. AS 13

14. medium risk-8 years

15. SHG- kyc not required of all member

16. sinking fund formula same as - FV anuity

17. Prepaid exp-current liability

18 depriciation 2 qtns from wdv method and one from wtd average method

19. outstanding salary - personal act

20. expenses and incomes - nominal act

21. real a/c debited-what comes in

22. statement record all ledger balance-trial balance

23. current yeild

24. bond value

25. mehod of accepting proposal-irr, npv,payback

Limited company pvt compny

account opening of huf

huf Kyc computerised a ccounting

simple interest que

wrongly credited de bited type question 3-4

Theoretical question on IRR and NPV

maximim 10 numericals 5 of 2 marks

2 marks numerical from ratio analysis

Depricition digit sum method numeric al

Acid test ratio=........... quick ratio

person who makes Promissory not e called - debtor (buyer)

gross profit, NPV numerical

related to cbs

according stan dards

capital or revenue ex penditure

earning per share theory quest ion

Dept turn over ratio problem

Bill receivable comes under a sset or liability

Under bills of exchange, which ac Dr.

Under bills of exchange, which ac Dr.

Sales and cost of goods sold gross pro fit

Foreign exchange and cross currency cal c

cross currency u have to add premiums an d sub discount

Composite voucher

Composition, redee mable, share preferential shares

1. Who prepared Bank Reconciliation Statement?

2. Who will bear the expenses charge creation?

3.cost of mationary is RS 12 lacs, scrap value is 0; useful life is 10 yrs; then find out the

book value for the 4th year.

4. P =10000; A= 11200; r=6℅ p.a then find out time?

5. Classification of ratios?

6. Credits = assets - ?

7. P= 10000 r= 8.5℅ pa compounded quarterly; T=4 yrs then find out A=?

8. Find out current yield on bond is RS 5000/- r = 12℅ pa and market value = 4500

9. Sweat equity shares will be given to ?

Document mgnrega card on identification on a/c opening.

Back office to be establised in ......

No of digits in Adhar, min no of persons in public ltd company

adhar card..bond value..irr.npv..com interest..cash book and passbook od..nominal act

real act ..expendture

balance sheet was given and profit was asked , how deaf is calculated, ytm npv,

bcsbi..kyc year..housing loan ...slm..and wdv method .interest differential..eroor

clerical...net profit ratio.5 qus on trial bal...

virus 1)affect hardware 2) is software 3) like virus of human 4) can not affect data - 2

Present value of bond

Which r 2 types of trial balance

Writing from journal to ledger is called?

2-3 qustns from foreign exchange arithmetic

Calculate amount given to petty cashier using imprest method

Current ratio based questions

Quick ratio is another name of -------?

Depreciation problems using wdv

Straight line method and sum of digits method

……………………………………………………………………

1) bond theorem -2 question 
2) bond sum
3) quick ratio 2sum
4) current ratio 1 sum
5) depreciation 4 sum
6) NPV
7) Pay back method 
8) ARR method _1 
9) Capital budgeting 1
10) Compound interest 2 sum 
11) Bond ARR value 
12) Concept of covertism 
13) Concept of consistency 
14) Full disclosure 
15) Accounting method -3 
16) Cost method 
17) Material method
18) Matching method 
19) Small savings bank account - who all can open , look 
20) EMI
21) Coupon rate 
22) Kyc 
23) Bcbsi account 
24) Trail balance error 
25) Company types - how it vil be registered 
26) LAN WAN - networking of 27)computreconcilation in which entry is required .... In which rectification entry not require 
28) Which error affects two accounts 
29) forward point - dollar to euro, euro to rupee 3 questions

Direct simple question on EMI
Twisted but very simple question in depreciation
Ratios some questions
KYC
LAN and WAN
Computer password
Reconsiliation
3 questions from cash book pass book. In this one question is sum others are theoretical
Conversion from euro to one unit of rupee
Direct questions on forward point
2-3 questions currency conversion dollars
Quick and current ratio - 4-5 questions
Emi 5 Lakhs 12% - monthly EMI for 2 years
Deprecation 3-4 questions numerical
The value get double at 9.75% in how many years
Single sided corr - 2-3 questions
RTGS related
Computer security related
Advantage of computerisation
Balance sheet
Prepaid expenses is what ...
Personal account
One more on real account based
Loan processing - 2 questions